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MCQs -for Competitive Exams & Improve Knowledge

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What does FIPB stand for?

  • (A) Foreign Investment Promotion Board
  • (B) Foreign Institutional Promotion Bureau
  • (C) Foreign Industrial Promotion Bureau
  • (D) Federation of Investment Promotion Bureau

Answer: Foreign Investment Promotion Board

FIPB stands for Foreign Investment Promotion Board a body that approves foreign investments in India.

What does FIMMDA stand for?

  • (A) Fixed Income Money Market Dealers Association
  • (B) Foreign Institutional Money Market Dealers Association
  • (C) Financial Institutions Money Market Dealers Association
  • (D) Fixed Income Management Money Dealers Association

Answer: Fixed Income Money Market Dealers Association

FIMMDA stands for Fixed Income Money Market Dealers Association an association of financial institutions in India.

What does FII stand for?

  • (A) Foreign Institutional Investor
  • (B) Financial International Investor
  • (C) Federal Investment Institution
  • (D) Foreign Investment Institution

Answer: Foreign Institutional Investor

FII stands for Foreign Institutional Investor a foreign entity that invests in financial markets in another country.

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What does FICCI stand for?

  • (A) Federation of Indian Chambers of Commerce and Industry
  • (B) Federation of Indian Council of Commerce and Industry
  • (C) Federal Indian Chamber of Commerce
  • (D) Federation of Indian Council of Commerce

Answer: Federation of Indian Chambers of Commerce and Industry

FICCI stands for Federation of Indian Chambers of Commerce and Industry an association of business organizations in India.

What does FERA stand for?

  • (A) Foreign Exchange Regulation Act
  • (B) Federal Emergency Relief Act
  • (C) Financial Employment Regulation Act
  • (D) Foreign Employment Regulation Act

Answer: Foreign Exchange Regulation Act

FERA stands for Foreign Exchange Regulation Act a former law in India regulating foreign exchange.

What does FEMA stand for?

  • (A) Foreign Exchange Management Act
  • (B) Financial Environment Management Act
  • (C) Foreign Employment Management Act
  • (D) Federal Emergency Management Act

Answer: Foreign Exchange Management Act

FEMA stands for Foreign Exchange Management Act an Indian law that regulates foreign exchange transactions.

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What does FDR stand for?

  • (A) Fixed Deposit Receipt
  • (B) Foreign Deposit Receipt
  • (C) Federal Deposit Receipt
  • (D) Financial Deposit Receipt

Answer: Fixed Deposit Receipt

FDR stands for Fixed Deposit Receipt a receipt given by a bank for a fixed deposit made by a customer.

What does FDI stand for?

  • (A) Financial Direct Investment
  • (B) Foreign Direct Investment
  • (C) Financial Domestic Investment
  • (D) Foreign Development Investment

Answer: Foreign Direct Investment

FDI stands for Foreign Direct Investment a form of investment where a foreign company invests directly in a domestic business.

What does FCNR(B) stand for?

  • (A) Foreign Currency Non-Resident (Bank)
  • (B) Federal Credit Non-Resident (Bank)
  • (C) Foreign Credit Non-Resident (Bank)
  • (D) Foreign Currency Non-Resident (Bank)

Answer: Foreign Currency Non-Resident (Bank)

FCNR(B) stands for Foreign Currency Non-Resident (Bank) Account a specific type of FCNR account for non-residents.

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What does FCNR stand for?

  • (A) Foreign Currency Non-Resident
  • (B) Federal Credit National Reserve
  • (C) Foreign Currency Non-Resident Account
  • (D) Financial Credit Non-Resident

Answer: Foreign Currency Non-Resident Account

FCNR stands for Foreign Currency Non-Resident Account a type of bank account for non-residents in India.

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